Advisory Fuel Rates: updates from 1 December 2020
HM Revenue and Customs (HMRC) has updated the Advisory Fuel Rates (AFRs) which come into effect on 1 December 2020,…
SMEs
Continue reading
HMRC’s amended guidance on late furlough claims
On 19 November 2020, the Government amended its guidance to give examples of what is meant by a ‘reasonable excuse’,…
Proposed R&D cap for SMEs published
On 12 November 2020, the details of the proposed Small and Medium-sized Enterprise (SME) Cap, which is due to come…
Temporary Annual Investment Allowance extended to January 2022
The temporary Annual Investment Allowance (AIA) will be extended until 01 January 2022 to “stimulate investment in UK manufacturing”, it…
Government set to unveil legislation enabling ministers to block foreign takeovers of UK companies
The Government is set to unveil new legislation that will enable ministers to block firms from ‘hostile states’ from completing…
New Bounce Back Loans have banks preparing for a wave of applications
UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce…